Dublin-based building materials company CRH PLC has completed phase two of its lime operations divestment in Europe, including those in the UK, the firm said on Wednesday.
The divestment is being completed in three phases. On November 22, the group had announced that it reached a deal to divest its lime operations in Europe for a total consideration of around $1.1 billion.
This consists of 16 operating locations across Ireland, the UK, Germany, Czech Republic, and Poland that had brought in sales of nearly $610 million with earnings before interest, taxes, depreciation & amortisation of about $137 million in 2022.
CRH shares were 0.5% higher at 6,934.24 pence each on Wednesday morning in London.
source: dpa
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